Ravencoin crypto is exploding today and has moved up in price over 25% in the last 24 hours allowing it to repossess itself as a top 100 crypto. At the time of writing this article Ravencoin is trading at $0.0376 and is still showing signs of bullish price momentum.
According to coinmarketcap the market capital for Ravencoin sits at a modest $394 million, we could still potentially see big things for Ravencoin by the next crypto bull run.
Will Ravencoin continue to pump in 2022 and which other crypto could potentially perform better? Ravencoin is available on Binance.
Cryptoassets are a highly volatile unregulated investment product.
Ravencoin Crypto Price Prediction 2022
From a technical analysis perspective Ravencoin crypto is still in a macro downtrend having corrected over 93% from its all time high of $0.29 set on the 21st February 2021. Investors that managed to scoop up the bottom of $0.017 on the 17th June 2022 would still be up by 119% today.
Currently Ravelcoin is gaining positive price momentum and is trading within a bullish continuation pattern known as an ascending triangle. A major resistance level Ravencoin crypto needs to retest is the $0.043 price levels, although, we would be likely to see another rejection if we revisit this trendline.
Rvn/Usdt – Daily Time Frame.
As we can see Ravencoin crypto has printed two consecutive green candles on the price charts but there is a fair amount of selling pressure as reflected by the long wick on the top of each candle.
Ravencoin crypto is also sitting at the top of the bollinger band is rather over extended to the 20-day moving average which means it could potentially have a slight retracement for the short-term.
I speculate that Ravencoin could come back down to the support trendline of the ascending triangle and revisit the $0.029 price levels before taking off once again. Of course this depends on the sentiment of the entire crypto market and the trajectory of Bitcoin which is notorious for dragging altcoins up or down with it.
For the short-term we really need to see a decisive move for Ravencoin crypto in terms of a breakout to the upside or downside from the ascending triangle to determine what the next trend could be.
The real challenge is pushing back through the $0.046 resistance level where I think it will be likely that we chop between $0.046 and $0.076 for the remainder of 2022.
Ravencoin Crypto Video Analysis
Ravencoin crypto looks like it can potentially have a strong future by the next crypto bull run where a 5-10x could be possible. Recently there have been major protocol upgrades and the future roadmap for Ravencoin also looks rather bullish.
As Ravencoin has now corrected over 94% we could be quite close to the bottom which might highlight a key undervaluation phase which would be good for reaccumulation. If Q4 2022 is bullish, I think we could see a $0.07 Ravencoin for 2022.
Will Tamadoge Outperform Ravencoin in 2022?
Ravencoin has definitely reached some fantastic milestones over the last 2 years such as a $2 billion market and has been listed on a tremendous 34 centralized exchanges. Whilst we could see large returns by 2025 I think the overall potential for 2022 is quite limited as we are still suppressed by the crypto bear markets.
I’m currently excited about a new high-growth potential crypto that has entered the market known as Tamadoge. Why do I speculate positive things for Tamadoge? Well, firstly Tamadoge has been in presale now for 5 weeks and has already raised a tremendous $11,608,385 during a crypto bear market. This reflects massive traction and hype for this particular ICO.
Tamadoge is a unique and fun deflationary play-to-earn meme coin with a maximum supply of just 2 billion TAMA coins. Players are able to also mint their very own Doge NFTs which they can also battle and breed, allowing them to climb the Tamadoge leaderboards.
Another huge benefit to the Tamadoge ecosystem is that it is completely tax free which makes it easy to buy and sell. Tamadoge is an erc-20 network token which will be deployed on Uniswap and following this listed on centralized exchanges such as Lbank.
The metaverse is surely going to be a huge part of the future and the Tamadoge developers recognise this. This is why Tamadoge is also integrating augmented reality which will allow you to play with your Tamadoge pet. In Q3 2023 we are also going to see a collection of enthralling Tamadoge play-to-earn arcade games.
Security is also in the forefront of the Tamadoge developers minds. This means prioritizing trust, transparency and security. Tamadoge is fully audited by Solid Proof which reflects that it will be 100% secure. In addition to this, Tamadoge is also verified by Coinsniper which ensures investors that no rug pull can take place.
What really excites me is that Tamadoge is a new thriving community. The majority of value from meme coins actually comes from the community itself, which adds value to the entire network.
The reason I think Tamadoge will outperform Ravencoin in 2022 is because we are going to potentially see multiple centralized exchange listings and a low market cap such as $5m has a much greater chance to 10-20x than a crypto with a market capital of $350m.
Investors who wish to participate in the Tamadoge presale can head over to buy.tamadoge.io and purchase TAMA using Ethereum or USDT by connecting their MetaMask or TrustWallets to the official site.
If you are keen to learn more about the Tamadoge roadmap and white paper click here.
- How to Buy Tamadoge – Beginner’s Guide
- Best Meme Coins to Buy Right Now
- 12 Best Cryptocurrency to Invest in 2022
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption
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